Lansing, MI 48906 Real Estate & Property Data

Lansing, MI 48906 Real Estate Market Trends
Last Updated: August 30, 2025

A total of 505 residential properties have been sold over the past 12 months in 48906. With a median sales price of $163,500 in 48906 and a total of 1 foreclosures in Lansing, MI 48906. Discover market trends and get the granular level real estate data for Lansing, MI 48906 to keep your pulse on the housing market. Curate compelling home reports for Lansing, MI 48906 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Lansing, MI 48906 Real Estate Market Trends
Total Residential Properties 10,135
Total Commercial Properties 1,180
Avg. Home Age (Single Family Home) 76 Years
Avg. Square Feet (Single Family Home) 1,281
Total 2025 Residential Sales (year-to-date) 230
% of Homes Seriously Underwater (Q3 2025) 1.46%
Total 2024 Residential Sales 454
% of Equity Rich Homes (Q3 2025) 32.82%
Effective 2024 Property Tax 1.73%
Total Foreclosure Filings (year-to-date) 17
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Lansing, MI 48906 Real Estate Overview

There were 505 residential properties sold in the past year in Lansing, MI 48906. The median home value in Lansing, MI 48906 is $161,630. There are a total of 10,135 residential properties in the 48906.

Median Sales Price i
$163,500
(Jun 2025)
+25.8%
year-over-year
y-o-y
  • June '25 Jun '25 $163,500
  • May '25 May '25 $159,000
  • April '25 Apr '25 $128,500
  • March '25 Mar '25 $137,500
  • February '25 Feb '25 $140,000
  • January '25 Jan '25 $155,000
  • December '24 Dec '24 $143,250
  • November '24 Nov '24 $149,750
  • October '24 Oct '24 $161,000
  • September '24 Sep '24 $110,000
  • August '24 Aug '24 $151,500
  • July '24 Jul '24 $167,500
Median Down Payment i
$9,995
(Jun 2025)
+20.8%
year-over-year
y-o-y
  • June '25 Jun '25 $9,995
  • May '25 May '25 $13,750
  • April '25 Apr '25 $17,000
  • March '25 Mar '25 $17,250
  • February '25 Feb '25 $7,625
  • January '25 Jan '25 $15,800
  • December '24 Dec '24 $22,240
  • November '24 Nov '24 $24,995
  • October '24 Oct '24 $16,550
  • September '24 Sep '24 $15,300
  • August '24 Aug '24 $20,528
  • July '24 Jul '24 $20,000
Number of Homes Sold i
53
(Jun 2025)
+76.7%
year-over-year
y-o-y
  • June '25 Jun '25 53
  • May '25 May '25 38
  • April '25 Apr '25 37
  • March '25 Mar '25 35
  • February '25 Feb '25 25
  • January '25 Jan '25 42
  • December '24 Dec '24 40
  • November '24 Nov '24 40
  • October '24 Oct '24 33
  • September '24 Sep '24 34
  • August '24 Aug '24 48
  • July '24 Jul '24 50
Number of Purchase Loans i
38
(Jun 2025)
+72.7%
year-over-year
y-o-y
  • June '25 Jun '25 38
  • May '25 May '25 23
  • April '25 Apr '25 25
  • March '25 Mar '25 24
  • February '25 Feb '25 14
  • January '25 Jan '25 27
  • December '24 Dec '24 27
  • November '24 Nov '24 31
  • October '24 Oct '24 20
  • September '24 Sep '24 24
  • August '24 Aug '24 33
  • July '24 Jul '24 36
Number of REFI Loans i
19
(Jun 2025)
+72.7%
year-over-year
y-o-y
  • June '25 Jun '25 19
  • May '25 May '25 26
  • April '25 Apr '25 25
  • March '25 Mar '25 14
  • February '25 Feb '25 11
  • January '25 Jan '25 20
  • December '24 Dec '24 15
  • November '24 Nov '24 19
  • October '24 Oct '24 23
  • September '24 Sep '24 19
  • August '24 Aug '24 18
  • July '24 Jul '24 12
Number of HELOC Loans i
7
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 7
  • May '25 May '25 11
  • April '25 Apr '25 9
  • March '25 Mar '25 9
  • February '25 Feb '25 7
  • January '25 Jan '25 7
  • December '24 Dec '24 1
  • November '24 Nov '24 11
  • October '24 Oct '24 8
  • September '24 Sep '24 9
  • August '24 Aug '24 11
  • July '24 Jul '24 12

Lansing, MI 48906 Foreclosure Activity

There were a total of 1 Lansing, MI 48906 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 1 Lansing, MI 48906 properties and repossessed 3 Lansing, MI 48906 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i
1
(Jun 2025)
-66.7%
year-over-year
y-o-y
  • June '25 Jun '25 1
  • May '25 May '25 3
  • April '25 Apr '25 5
  • March '25 Mar '25 N/A
  • February '25 Feb '25 7
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 5
  • September '24 Sep '24 1
  • August '24 Aug '24 2
  • July '24 Jul '24 3
Foreclosure Starts i
1
(Jun 2025)
-66.7%
year-over-year
y-o-y
  • June '25 Jun '25 1
  • May '25 May '25 3
  • April '25 Apr '25 5
  • March '25 Mar '25 N/A
  • February '25 Feb '25 7
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 5
  • September '24 Sep '24 1
  • August '24 Aug '24 2
  • July '24 Jul '24 3
Completed Foreclosures (REOs) i
3
(Jun 2025)
+200%
year-over-year
y-o-y
  • June '25 Jun '25 3
  • May '25 May '25 2
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 2
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 3
  • July '24 Jul '24 4
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